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Medical Waste: How to get the Best Price



August 18, 2021



Home » Medical Waste » Medical Waste: How to get the Best Price

Medical Waste: How to get the Best Price

Medical Waste: How to get the Best Price. It may surprise you to learn that medical waste prices can vary across regions, by medical waste disposal companies, and even within the same commercial medical buildings, your neighbor could be paying more or less than you are paying, for the same service.  

In this article we will highlight some of the best ways, to get the best price, on your medical waste disposal service. Before we get into that, we will address some of the hard cost variables in your medical waste service.

The hard contributing factors of your medical waste disposal service are,

Location, we are talking about the location of your facility. The further a medical waste disposal company must drive to service your account, the more it cost, in gas, man hours, mileage, etc.

A single rural location is going to cost more than a location located within a city. The reason is simple, location access. There is a good chance the company will have other customers within a city but might not have other customers in a rural setting.  

Location Cost Saving Tip:  Since you cannot do anything about your location, the best thing to do to save on your medical waste disposal service is to speak to your neighbors, the medical waste disposal company can offer everyone a better price if they are picking up five accounts at one stop vs. just one account at a stop, especially in a rural setting.

Volume, the volume of waste generated is going to play a factor in your medical waste cost. The best way to think about this is, imagine you have a medical waste truck you want to fill up.

For this example, let’s say it holds 100 boxes of medical waste.

If you must drive to 100 locations and pickup one box per location to fill up your truck, that is going to cost more, more gas, more man hours, more mileage, that is all a factor in your medical waste disposal cost.

Now, imagine you just had to stop at five locations and pickup 20 boxes each, you can see how that would be more cost effective.  

Volume Cost Saving Tip: You cannot control the amount of medical waste being generated at any facility however, you can control that proper disposal methods are being followed. Classification and segregation of medical waste is a contributing factor to cost. Imagine paying for waste to be treated and disposed of as medical waste, when in fact, it was just normal solid waste.   

Frequency, the frequency or how often a medical waste disposal company comes to your location will play a role in cost. If your facility generates high volume medical waste and needs frequent service, you will get a better rate vs. a low volume, infrequent service.

Frequency Cost Saving Tip: The volume of medical waste being generated will usually determine frequency of service. However, changing a weekly, one box service to a monthly, four box service will save you money.

We would be remiss if we didn’t talk about the types of waste being generated in this medical waste cost section. These are waste types that could cost more because of the treatment process involved in disposing of the waste.

For example, trace chemo and path waste must go through an incineration process whereas regular medical waste can be autoclaved. Autoclaving is a more cost-effective and environmentally friendly process; however, it is not an effective process for trace chemo and pathological waste.  

In the next sections we will talk about specific generators and provide helpful insights by medical waste generator type, from large generators of medical waste like hospitals, to the single practice.

Major Generators of Medical Waste

Hospitals and Diagnostic Laboratories are the largest generators of medical waste. The largest Hospital Health System is HCA Healthcare (Hospital Corporation of America) it is headquartered in Nashville, Tennessee.

HCA Healthcare has approximately 2,000 care sites including 226 Hospital locations, in 19 states and 142 cities nationwide with the largest conglomeration in Texas.

Rounding out the top 3 largest Hospital Systems in order largest to smallest behind HCA Healthcare is.

Hospital Medical Waste Disposal Savings Tip. As with any product or service the more you have or buy the better the deal. Medical Waste is no different, the savings is in the volume and locations serviced. The best option for saving money on your hospital medical waste disposal service is to be as accurate and transparent as you can when requesting a quote.

Physician Groups

Chicago, IL has some of the largest Physician Groups in the Midwest.

Advocate Medical Group has more than 1,797 Physicians, at more than 350 locations across Chicagoland and Central Illinois.

Northwestern Medical Group has 1,711 Physicians in its network at over 15 Chicagoland locations.  

DuPage Medical Group comes in 3rd with 740 Physicians at 115+ locations.

Physician Groups Medical Waste Disposal Saving Tips. Like Hospitals, the cost savings for your medical waste disposal service comes from the shear volume of medical waste generated and the number of locations serviced. Unlike Hospitals, often Physician Groups are concentrated in a tight geographical location making them easier to service. Hence, more cost effective to service.

Community Practices

A community practice could be anything from a Walk-in-Care Clinic to a Dentist, General Practitioner’s office and more.

These generally are not part of a large group but that does not mean their need for a medical waste disposal service is any different. Any generator of medical waste is required to have a medical waste disposal service.  

Community Practices Medical Waste Disposal Savings Tips. Often, these offices will be in a medical building where there is more than one practice at this address, even though the practices are not related or part of a group there is still the opportunity to combine your buying power of the individual offices. This can lead to savings like Physicians Groups where there are many locations in a tight geographical area. Consider talking to your neighbors or the building management to see if this is an option for your facility.

Medical Spas

Medical Spas or Med Spas have become popular in recent years. Often, these Spas offer specialty services you will not find at your general practitioner’s office. They are a hybrid of your traditional spa and an aesthetic medical center. These spas offer services like chemical peels, hair removal through electrolysis, Botox and Filler Injections, Microdermabrasion and more.

Med Spas Medical Waste Disposal Saving Tips. Bundling your services will save you money on your medical waste disposal. Compliance training, medical waste, and sharps disposal service, along with shredding services will offer you the most savings.

Single Office Locations

Single office locations are standalone doctors’ offices, dentist, and veterinarians where the need for medical waste disposal, compliance training and shredding services all fall on the doctors.

Single Office Locations Medical Waste Disposal Saving Tips.  Much like Med Spas the best opportunity to save on medical waste disposal services is to bundle your services. 

Onsite vs. Offsite Treatment of Medical Waste

Even with large Hospital networks the offsite treatment of medical waste, accounts for the largest sector of treating medical waste. The high cost associated with onsite medical waste treatment is a major factor compelling hospitals and facilities to opt for hiring a medical waste disposal company that provides this service vs. trying to manage an onsite medical waste treatment plant themselves.

The Medical Waste Management Market

In the medical waste management market, the collection, transportation, and storage services accounted for the largest share market share. This is due to the stringent regulations for the collection, transportation, and storage of medical waste.

Summary

If you are a generator of medical waste, it is important to remember, you are responsible for the medical waste you generate. While cost is a consideration, when deciding on a medical waste disposal service, it should not be the only factor.

You should consider a company with a long history in the industry, one that stays current with the local, state, and federal laws and regulations regarding medical waste disposal and one that services your account itself.

For large and small generators of medical waste, your volume and frequency of service will offer medical waste disposal savings, being as efficient as possible but I would also consider bundling your services to include shredding and compliance training.

About Healthcare Waste Management

Healthcare Waste Management services the Midwest for medical waste disposal, biohazard waste disposal, sharps container disposal and secure document destruction.

We offer online compliance training to keep your facility compliant with current OSHA regulations, bloodborne pathogens certificates, exposure control plans and SDS / MSDS tracking sheets these are just some of the features of our online training portal. However, it is much more than just a training portal, it holds all the documents needed for any OSHA inspection.

Healthcare Waste Management brings decades of medical waste disposal experience, servicing thousands of customers.

We service the Midwest with our headquarters in Gary, Indiana and processing plants in Indiana and Wisconsin, and satellite offices across the Midwest, from Michigan to Minnesota down to Tennessee we have you covered.

We have invested in our business to bring you state-of-the-art service at cost-effective prices. Some of those examples are, we own our own trucks that haul your waste, making sure it is kept safe and secure during transport following all of DOT regulations.

We hire, train, and background check the employees that will be coming into your facility to pickup your medical waste, and we own the treatment plants that will render your medical waste harmless.

Our commitment to our customers and the environment doesn’t stop with our cradle-to-grave management and service of your medical waste.

We also use a state-of-the-art reusable container system for medical waste and sharps waste that keeps unnecessary waste from impacting the environment.

Our cradle-to-grave management process, reusable medical waste and sharps disposal containers, fuel efficient trucks and intelligent routing are all examples of our commitment to our customers and the environment.

Some other cost saving metrics we have integrated in our systems is intelligent truck routing systems which offers savings by taking the shortest route possible to serve our customers. This saves gas, and time between stops while it also provides a greener approach to our medical waste disposal service by not having our trucks on the road any longer than they need to be. 

Whatever your medical waste disposal needs are, contact Healthcare Waste Management today at 888-427-5797 for a fast, hassle-free quote, customized to your facility’s needs. With just a few questions, we can find a solution that makes sense for you and provide a quote in minutes.

Remember bundling your services can save money on multiple line items. From large healthcare networks to the single practice, bundling works. We are always here to help and have representatives standing by to answer any questions you may have or provide a quote in minutes.


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